Month Billions Of Dollars 1919-01-01 1.61000 1919-02-01 1.66000 1919-03-01 1.70000 1919-04-01 1.73000 1919-05-01 1.75000 1919-06-01 1.76000 1919-07-01 1.80000 1919-08-01 1.92000 1919-09-01 1.98000 1919-10-01 2.11000 1919-11-01 2.28000 1919-12-01 2.32000 1920-01-01 2.46000 1920-02-01 2.53000 1920-03-01 2.60000 1920-04-01 2.63000 1920-05-01 2.67000 1920-06-01 2.70000 1920-07-01 2.73000 1920-08-01 2.76000 1920-09-01 2.80000 1920-10-01 2.83000 1920-11-01 2.83000 1920-12-01 2.84000 1921-01-01 2.94000 1921-02-01 2.94000 1921-03-01 2.95000 1921-04-01 2.96000 1921-05-01 3.02000 1921-06-01 2.96000 1921-07-01 2.93000 1921-08-01 2.93000 1921-09-01 2.94000 1921-10-01 2.98000 1921-11-01 3.02000 1921-12-01 3.01000 1922-01-01 3.04000 1922-02-01 3.06000 1922-03-01 3.14000 1922-04-01 3.18000 1922-05-01 3.25000 1922-06-01 3.35000 1922-07-01 3.51000 1922-08-01 3.60000 1922-09-01 3.60000 1922-10-01 3.62000 1922-11-01 3.68000 1922-12-01 3.72000 1923-01-01 3.75000 1923-02-01 3.77000 1923-03-01 3.93000 1923-04-01 3.99000 1923-05-01 4.01000 1923-06-01 4.02000 1923-07-01 4.01000 1923-08-01 4.00000 1923-09-01 4.04000 1923-10-01 4.05000 1923-11-01 4.06000 1923-12-01 4.08000 1924-01-01 4.14000 1924-02-01 4.18000 1924-03-01 4.23000 1924-04-01 4.28000 1924-05-01 4.34000 1924-06-01 4.39000 1924-07-01 4.49000 1924-08-01 4.57000 1924-09-01 4.63000 1924-10-01 4.75000 1924-11-01 4.86000 1924-12-01 4.86000 1925-01-01 4.89000 1925-02-01 4.96000 1925-03-01 5.01000 1925-04-01 5.09000 1925-05-01 5.17000 1925-06-01 5.20000 1925-07-01 5.20000 1925-08-01 5.22000 1925-09-01 5.23000 1925-10-01 5.30000 1925-11-01 5.37000 1925-12-01 5.36000 1926-01-01 5.40000 1926-02-01 5.45000 1926-03-01 5.50000 1926-04-01 5.56000 1926-05-01 5.59000 1926-06-01 5.64000 1926-07-01 5.71000 1926-08-01 5.74000 1926-09-01 5.72000 1926-10-01 5.71000 1926-11-01 5.75000 1926-12-01 5.77000 1927-01-01 5.85000 1927-02-01 5.89000 1927-03-01 5.99000 1927-04-01 6.02000 1927-05-01 6.11000 1927-06-01 6.16000 1927-07-01 6.18000 1927-08-01 6.23000 1927-09-01 6.27000 1927-10-01 6.34000 1927-11-01 6.41000 1927-12-01 6.42000 1928-01-01 6.56000 1928-02-01 6.61000 1928-03-01 6.69000 1928-04-01 6.76000 1928-05-01 6.89000 1928-06-01 6.92000 1928-07-01 6.86000 1928-08-01 6.83000 1928-09-01 6.83000 1928-10-01 6.84000 1928-11-01 6.85000 1928-12-01 6.84000 1929-01-01 6.89000 1929-02-01 6.88000 1929-03-01 6.84000 1929-04-01 6.79000 1929-05-01 6.78000 1929-06-01 6.74000 1929-07-01 6.67000 1929-08-01 6.73000 1929-09-01 6.81000 1929-10-01 6.84000 1929-11-01 6.77000 1929-12-01 6.73000 1930-01-01 6.87000 1930-02-01 6.86000 1930-03-01 6.97000 1930-04-01 7.07000 1930-05-01 7.12000 1930-06-01 7.21000 1930-07-01 7.36000 1930-08-01 7.40000 1930-09-01 7.47000 1930-10-01 7.55000 1930-11-01 7.52000 1930-12-01 7.22000 1931-01-01 7.07000 1931-02-01 7.21000 1931-03-01 7.27000 1931-04-01 7.33000 1931-05-01 7.41000 1931-06-01 7.26000 1931-07-01 7.15000 1931-08-01 7.07000 1931-09-01 6.89000 1931-10-01 6.48000 1931-11-01 6.25000 1931-12-01 6.01000 1932-01-01 5.82000 1932-02-01 5.72000 1932-03-01 5.69000 1932-04-01 5.66000 1932-05-01 5.69000 1932-06-01 5.60000 1932-07-01 5.55000 1932-08-01 5.63000 1932-09-01 5.62000 1932-10-01 5.68000 1932-11-01 5.69000 1932-12-01 5.65000 1933-01-01 5.69000 1933-02-01 5.60000 1933-03-01 4.76000 1933-04-01 4.67000 1933-05-01 4.66000 1933-06-01 4.70000 1933-07-01 4.93000 1933-08-01 4.95000 1933-09-01 4.93000 1933-10-01 4.91000 1933-11-01 4.90000 1933-12-01 4.80000 1934-01-01 4.82000 1934-02-01 4.84000 1934-03-01 4.87000 1934-04-01 4.91000 1934-05-01 4.94000 1934-06-01 4.97000 1934-07-01 5.02000 1934-08-01 5.02000